Preliminary Consumer Confidence in the Eurozone
Eurozone| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The preliminary Consumer Confidence Index (CCI) is an indicator that measures how optimistic or pessimistic consumers in the Eurozone are about the economic situation. This data is released monthly by the European Commission and presents initial preliminary figures.
The Consumer Confidence Index is calculated based on survey responses regarding consumers' income, employment situation, and overall economic outlook. A high index indicates that consumers are optimistic about the economy, which could lead to increased consumer spending. Conversely, a low index suggests that consumers are pessimistic, potentially leading to a decrease in consumer spending.
This data is used by policymakers to assess consumer psychological trends and to formulate appropriate economic policies. It also serves as an important source of information for businesses and investors to gauge consumer confidence trends and economic prospects.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
